Section 163 interpretation?

488 views 1 replies
what does the section 163 interpretate- Proportional representation of appointment of directors
Replies (1)
This is only in case if articles authorise...further it means that where this section applies vote of members will not be as per there holding of share capital instead it will be like 1 member 1 vote irrespective of there membership rights...this is when single transferable vote method opted and where cumulative method is opted then each member wil be give a right to say for eg 4 votes...now he can give dis 4 votes as per his preferance like for eg.if And B and C are the 3 candidates then each member has right to give those 4 votes to any one...like a member can give 2 votes to A and 2 to B...like that...

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
22 June 2026
Finance Manager- Chartered Accountant

Triveni Turbine Limited

Bengaluru

CA

View Details
Company
04 June 2026
Semi Qualified CA

Goyal Puneet & Associates

New Delhi

CA Final

View Details
Company
ARTICLESHIP 27 June 2026
Article

SNCO

Mumbai

CA Inter

View Details
Company
ARTICLESHIP 24 June 2026
CA Article Trainee

Rahul Dang & Associates

Pune

CA Inter

View Details
Company
24 June 2026
Chartered Accountant

CA Darshita Shah & Co

Nadiad

CA

View Details
Company
ARTICLESHIP 24 June 2026
ARTICLE ASSISTANT

BHUPINDER SHAH AND COMPANY

New Delhi

CA Inter

View Details
Company
ARTICLESHIP 31 May 2026
Article Assistant

KPRS And Associates

New Delhi

CA Inter

View Details
Company
22 June 2026
Accountant

Global Image Technologies Private Limited

New Delhi

MBA

View Details